For breaks in Betws-y-Coed, nowhere comes close! BEST WESTERN Waterloo Hotel and Lodge sets the standards in a perfect setting, in this picture postcard village of North Wales. The fantasy village of Portmerion may be just 20 miles away, but we believe there's plenty to make dreams come true here too. For starters, the famous Swallow Falls are close by, and Fairy Glen is just a little further from our calming accommodation. If you do want to go further afield, Snowdonia's beautiful countryside is easy to get to and impossible to forget.